Merkley Presses CFPB Nominee on Predatory Payday Loans
WASHINGTON, D.C. – With the confirmation hearing approaching for President Trump’s nominee to lead the Consumer Financial Protection Bureau (CFPB), Oregon’s Senator Jeff Merkley today pressed Trump’s pick, Kathy Kraninger, about the agency’s ongoing efforts to roll back a rule that protects consumers from predatory payday loans. In June, under